Comments by "bighand69" (@bighands69) on "Mark Moss" channel.

  1. Jack Dorsey did not cancel Trump and had nothing to do with any of that.
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  2. Europe could go back to it being a trading block. Were internal competition is the way to go.
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  3. China is a export economy that specialises in lower products that can be produced on mass.
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  4.  @Mr0rris0  No because twitter would still run through the normal internet it would just be much more difficult to take down. Once he can get the data center side of things sorted they will truly be difficult to take down.
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  5.  @evgeninisa6410  Europe has plenty of food. The real issue is that Europe has not built out its infrastructure to deal with an influx that large.
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  6. There was never a gold currency in the US and when there was a system of gold in use it was still a managed currency with policies. One of the advantages of gold involved in currency is that it can add stability on pricing for trade but it is only as good as those that manage it.
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  7. The EU parliament has no teeth and is just really a symbolic organisation that makes many people feel good about them self. The real power is the commission.
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  8. The Fed has to expand its money supply because there simply is not enough money in the US for internal trading. Most of the banks while healthy on their balance sheets do not have that much cash free. The real US economy has been growing at several percent per year for the last 3 decades while government GDP has only been at low single percents. A lot of US money as well is getting use in international trade and without QE there would be a slow down of exchange in the US. Over 50% of US currency is getting used for international trade.
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  9. I do not think the other EU top funders can actually pull out because their economies and markets have been rebuilt to be the EU. Take Germany for example it needs the EU market to trade its industrial goods and it also needs the US market and Chinese. To try and take the EU out of Germany would destroy much of its base.
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  10. The three most popular types of Chips are CPU, RISC and Microcontrollers. Desktop computers use CPU, Phones use RISC and cars/machines/motors use Microcontrollers.
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  11. SO you would like to control people so they cannot bet against? Capitalism is the most amazing system to have been ever invented.
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  12. So how do you see the power of the individual come into effect in stopping China demographic collapse.
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  13. Taiwan has a 60% market of RISC based processors only.
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  14. Not even close to being true. The US has extremely deep capital markets and assets that it can use if need be. US Dollar is also short on supply hence why they desperately try to to pretend they are printing it up to help with social programs. Over half of US dollars are traded internationally and that is only going to increase. US debt levels are very misleading as they do not take into account that most of it is not actually cash debt but is liabilities on balance sheets.
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  15. When it comes to high tech products like the iphone China is an assembly base not a manufacturing base.
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  16. No they do have a plan to break it up. They are just clueless and for some reason think that a high taxation marketplace is good.
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  17. I suspect Musk will be using Twitter to form the new decentralized internet that takes the concept to a whole new level over previous decentralization.
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  18. Ukraine can change its mind which it has done. What on earth has that got to do with invading Ukraine. And why is everything the US fault. The conspiracy theory bunch are always walking straight pass the elephant in the room for some small detail in the carpet that allows them to give some very long winded answer as to why the world is about to end.
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  19. You cannot have a pure gold currency because governments, political parties and activists will always find ways to adding policy management to it such as clipping coins.
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  20. Renewables are the future but governments cannot force it into being. It has to happen through innovation and development.
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  21. And who is going to trust any of the BRICS countries?
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  22. What you are missing is the moment you start messing with the actual value of a currency is the moment you have a fiat currency which is in fact a managed policy currency. You may say it is backed by gold but in fact it is a managed system. The Romans with their gold coin currency started to clip their coins and developed a system of promissory notes. The reason the Fed increases the money supply is that the US is short of actual currency hence why it needs more in the system or trade will come to a halt. Most of the main banks in the US were dangerously close to having no depositary cash circulation mean exchange within the US could not take place or would be significantly delayed and that is exactly what happened in the era of the great depression.
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  23. Germany started two world wars in the space of 25 years which resulted in the deaths of over 80 million people. When the US destroyed Germany in WW2 blasting it into the ground they decided after the war to help rebuild the German economy. So quit the whining and consider Germany lucky that the US decided to help the German people or it could have looked like Eastern Europe.
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  24. The EU never turned ireland into a great country. Ireland after its foundation was a welfare state bordering on being a socialist state. In the 1980s after the Irish economy almost collapsed they decided to go down the route of a market driven economy. That meant that companies started to trade in Ireland which in turn created a cycle of ups and downs that went up and up. Nothing to do with the EU at all. What Ireland did in its past its people probably would not be able to do today.
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  25. In America debt is repaid through loans and balance sheet liabilities. In Europe it is all funded through the welfare state. For some weird reason Europeans think high taxation makes for a strong economy. Most are confused as to why the US has lower taxation burden. The biggest problem that Europe has as well is its lack of consumer market. One of the EU biggest consumer markets was the UK which has now left the EU.
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  26. ASML are based on US companies. All their instruments are manufactured in the US not the Netherlands.
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  27. The Dollar is the US economy and there is just no getting around that fact. The US has internal trade which means it does not rely on other countries.
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  28. European media non stop talk about US gun rights as if they have a dog in the fight. The irony of places like France talking about US guns is that they have 5 million registered firearms but 95 million illegal firearms in France.
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  29. The EU could be energy stable it if wanted to be but deide it did no want to and that alone should point out how flawed it is. All it would take is one major crisis to arise and the EU could sink.
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  30. The EU that you joined is not the same place as it is today. It was not as regulations obsessed and it did not have a central bank. If it had of stayed as a trading common market and with an enhanced movement of people system through permits and other needs the EU would have probably done very well for itself.
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  31. Will not work. A currency has to have a powerful economic engine for it to be trusted. A group of BRIC countries will not be trusted. Any of them that enter the system will get frozen out of the US economic engine. The reason the US dollar is the currency of reserve is due to the fact the US is trusted.
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  32. If you live in germany now is the time to invest in good down wear such as a jacket and insultate trousers. Those who only have summer clothing and fashion clothing are about to suffer.
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  33. The US does not depend on Taiwan. All the servers that run the internet use chips that are manufactured in the US. Taiwan specialises in RISC based processors that allow for powerful cheap smartphones but in the case of a major war the US could easily manufacture those.
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  34.  @snowman2970  Hence why a single currency would not work.
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  35. Dorsey has been hamstrung by what went down at Twitter. They even fired him at one point.
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  36. What are you talking about?
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  37.  @gedjad  It takes 60 years to build a semiconductor industry like the US has. The best chips that China have actually achieved to date are low end microcontrollers that the US was manufacturing 60 years ago. What many do not understand is that ASML the Dutch company that builds the machines to make the chips is actually built on US industry. The US has near to 100 semiconductor manufacturing plants already and hundreds of engineering companies that support that industry.
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  38. It did not create hyperinflation because if it did you probably would not be on the internet right now.
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  39. The EU is a heavily compromised system. The ECB is extremely weak with no real powers other than currency issuing which has to be given the green light by all nations on the commission which can be a nightmare to get agreements on.
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  40. As a Californian why are you not living in America?
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  41. China has no clue how to run the Taiwanese semiconductor industry.
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  42. The half that China loses is not going to be just the poorer classes. Those that believe they are middle class in China will also be subjected to those horrible economic conditions. What you also do not grasp is that when China collapses it could end up in world war or at the very least an Asia centred war but it is unlikely that remain in that region. The WEF reset is nothing more than a gang of socialists telling you want they want to do but even they know they will never be able to implement such a system. Even though the EU is run by a gang of those commies they cannot even get it into there.
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  43. Corruption does not explain the state of the EU market place.
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  44. The WEF is a taphole made up of aging socialists trying to live out their fantasy. It has no bearing on the world economy. ESG is a corporate American fad and will pass over as the reality of industry and economics kicks in. A certain US market management company is going to get a haircut at some point only they will be bald from that point onwards.
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  45. Musk used WeChat as an example of the everything app so people would understand but it is probably not his grounding for the idea.
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